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Companies developing robotic technology could benefit from increased demand in the industrial, defense and services sectors.
Honeywell International Inc.
Lockheed Martin Corporation
Intuitive Surgical, Inc.
Northrop Grumman Corporation
Emerson Electric Co.
Rockwell Automation Inc.
Elbit Systems Ltd.
Science Applications International Corporation
Brooks Automation, Inc.
Oceaneering International, Inc.
Hollysys Automation Technologies Ltd.
Mazor Robotics Ltd.
Space industry heavyweight Northrop Grumman has signed a customer for the launch of its first OmegA rocket, a medium/heavy-lift launch vehicle that it's currently readying for flight with a target of spring 2021 for its first-ever flight. OmegA will unlock additional payload capacity versus the launch systems that Northrop Grumman has developed and flown previously, with the primary goal of being able to serve the interests of the company's top customers -- defense and national security agencies. OmegA's development has been funded in part through U.S. government contracts, including a $792 million Launch Services Agreement it signed with the U.S. Air Force to finish the rocket's design, as well as to furnish and prepare the launch sites from which it'll take off.
Today we'll take a closer look at Science Applications International Corporation (NYSE:SAIC) from a dividend...
Rockwell Automation (ROK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Australian dollar rallied a bit again during the trading session on Thursday, as we continue to see bullish pressure. It perhaps was helped by poor US figures, but at the end of the day this looks like a market that is trying to form a longer-term bottom.
Heico's (HEI) end markets, primarily consisting of commercial aerospace, defense and space, remain healthy and are expected to boost Q4 results.
Based on the early price action and the current price at .6884, the direction of the AUD/USD the rest of the session on Thursday is likely to be determined by trader reaction to the 50% level at .6876 and the downtrending Gann angle at .6893.
It’s Election Day across the U.K, and millions of voters will determine what happens next with the Brexit saga, which has lasted three years. If Prime Minister Johnson can win an outright majority, the British pound could respond with significant gains.
US equities strengthened US 10-year treasury yields slipped lower, however, down 5bps to 1.79%, providing a fillip to gold prices. But until we ultimately clear the Brexit and US-China risk, the market could struggle to trade directionally.
Some speculators betting on a drop in the value of the Australian dollar have been caught out by the speed and scale of the currency's rally on Thursday.
It’s finally election day in the UK. Can Johnson win a majority and deliver on Brexit or is there more pain to come. There’s also the ECB.
The Australian dollar rallied pretty significantly during the trading session on Wednesday, reaching towards the resistance near the 0.6850 level again.
Kaman's (KAMN) deal with Carestream Health for the production of complex composite assemblies will help it to expand customer base in the medical imaging domain.
The Australian Dollar is trading higher on Wednesday despite a bearish report from Westpac. This suggests traders are likely being influenced by optimism over U.S.-China trade relations. The New Zealand Dollar could be weakening on profit-taking after a big seller continued to successfully defend the major technical level at .6567.
The nearest upside target is a downtrending Gann angle at .6832. Since the main trend is down, sellers could come in on the first test of this angle. Taking it out, however, could trigger a breakout to the upside into the next downtrending Gann angle at .6847.
The pound remains in a holding pattern, ahead of the election on Thursday. Polls are predicting a Conservative win, but that could change and cause some stronger movement from GBP/USD.
In the race for Number 10, the massively awaited poll from YouGov predicts a majority Tory victory, although the race has tightened considerably.
(Bloomberg) -- The Pentagon must press Lockheed Martin Corp. to recoup fees paid to the No. 1 defense contractor for F-35 parts that weren’t ready to use in the planes after delivery to the military, according to the planned defense policy bill for this fiscal year.“Consistent with the findings and recommendations” of the Pentagon inspector general in a June report, the Pentagon “shall seek relief” for delivery of “non-compliant ready-for-issue spare parts pursuant to a contract under the F–35 aircraft program,” lawmakers said in the policy report for the $738 billion authorization measure.The House is expected to approve the conference report on the measure (S. 1790) as early as Wednesday, sending it to the Senate for final passage.Lockheed failed to supply ready-to-install spare parts, from wheels and tire assemblies to seats -- and may have been overpaid as much as $10.6 million, according to the inspector general.The parts were considered inadequate for installation not because of safety or manufacturing problems but because they were delivered without the required log of electronic data needed by maintenance crews, containing information such as a part’s history and its remaining useful life, according to the report. Parts aren’t supposed to be installed without the data.Pentagon F-35 spokesman Greg Kuntz said in a statement that the program office and the Defense Contract Management Agency have collected data from Lockheed for an analysis that could serve as a basis for negotiations with the company. “The program office in coordination with the DCMA will make a determination early next year on potential compensation for previous” noncompliant parts, he said.Lockheed Martin spokeswoman Carolyn Nelson said in a statement that the company “was paid in accordance with the contractual agreements. The contract payments referenced in the report are calculated on a number of factors, including some that are controlled by the U.S. Government and are outside of Lockheed Martin’s control.”To contact the reporter on this story: Tony Capaccio in Washington at email@example.comTo contact the editors responsible for this story: Bill Faries at firstname.lastname@example.org, Larry LiebertFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.